The GST Group of Ministers has proposed exempting health and life insurance premiums from GST, a move intended to make ...

Insurers presently avail input tax credit on significant backend costs such as insurance commission, re-insurance, technology ...

A proposal has been made to exempt premiums for life and health insurance from Goods and Services Tax (GST), a move that could bring down costs and boost insurance penetration.

Will zero GST on life and health insurance truly make premiums cheaper or will input credit losses and policy design dilute ...

Removal of the Goods and Services Tax (GST) on insurance policies may pose a challenge for the insurers. Experts believe that ...

A Group of Ministers has proposed a full exemption of 18% GST on life and health insurance premiums for individuals in India.

The Centre has proposed exempting life and health insurance premiums from GST, aiming to alleviate financial burdens.

Centre considers exempting life and health insurance from GST, with states pushing for mechanism to pass benefits to consumers.

The Centre has suggested exempting individual life and health insurance policies from GST, currently set at 18%. Bihar Deputy ...

Experts said the move to exempt GST on health and life insurance premiums would provide significant relief to households.

The proposal was put forward by the GST Group of Ministers (GoM) on insurance, which recommended that the exemption would make coverage more affordable and boost penetration in India’s market.

The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of ...